When a business reports an asset at an inflated dollar amount, it has violated the measurement issue of

Minnetonka, Inc is a merchandiser of stone ornaments

The company sold 15,100 units during the year. The company has provided the following information: Sales Revenue $558,000 Purchases (excluding Freight In) 280,000 Selling and Administrative Expenses 280,000 Freight In 66,000 Beginning Merchandise Inventory 13,000 Ending Merchandise Inventory 52,000 What is the unit cost per item sold? (Round your answer to the nearest cent.) A) $19.21 B) $15.77 C) $22.85 D) $19.40

In October 2011, the U.S. Congress finally ratified the long-delayed free trade areas with South Korea, Panama, and Colombia

Indicate whether the statement is true or false